The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows.

The post Reserve Bank of India slams banks after they stop services for crypto users appeared first on CryptoSlate.

Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular.

The Former Director at the People’s Bank of China (PBOC) announced that monitoring payments was never the intention of China Digital Yuan development.

The Singapore private bank DBS has announced its first tokenized bond. The first digital security offering made available on its digital exchange.

The post Singapore Private Bank Unveils First Tokenized Bond appeared first on BeInCrypto.

Reserve Bank of India (RBI), the Indian central bank today issued a clarification about recent reports of certain banks using its 2018 circular to caution customers against crypto transactions. RBI said that Banks cannot use the quashed 2018 circular to deny transactions to customers. The official classification read, It has come to our attention through

The post Just-In: RBI Clarifies Banks Can’t Use 2018 Circular to Deny Customer Transactions appeared first on Coingape.

A former People's Bank of China (PBoC) official has defended China by clarifying its motivations behind developing a central bank digital currency (CBDC).

The post Former PBoC Official Denies Digital Yuan Will Be a Surveillance Tool appeared first on BeInCrypto.